Adam Ozimek
@ModeledBehavior
Chief economist at @InnovateEconomy. Host of the EconTwitter Water Cooler, live on twitter spaces and downloadable here: http://anchor.fm/adam-ozimek
قد يعجبك
What should we do about high skilled immigration and why? This is the topic of my huge new report with @LettieriDC and @cojobrien: Exceptional by Design. Quick thread on why I think you should read this report. eig.org/exceptional-by…
Long article in the NYT today about "cloud compute and data centers killing water supply"...and then you find out the number they mean less than one golf course or small corn farm or tiny rice paddy. Be serious, people.
1) Rents explain prices. 2) Supply conditions are about all you need to explain rents. 3) Declining rents are a signal that both (a) supply keeps rents low and (b) supply has been obstructed. September 2025 Erdmann Housing Tracker Update, by @KAErdmann open.substack.com/pub/kevinerdma…
USCIS confirms that the $100,000 H-1B fee can be avoided if the applicant enters on a different visa (e.g. F-1 visa for international students, L-1 visa for international companies) and then switches to H-1B inside the US. They can re-enter the US on their H-1B and not be fined.
.@USCIS has issued updated guidance on the H-1B Procolomation on their website (uscis.gov/working-in-the…)
The fundamental error of tax cut conservatism that it made empirically baseless claims about what tax cuts could accomplish, fooling voters for a long time. Conservative populism is not the opposite of this. It's the exact same.
Looking forward to hearing about how the experts were wrong about the tariffs that the administration is now undoing because of the harms the experts warned about
It seems super plausible to me that monarchs and elites had access to some occasional rare technologies that don’t enter the public until far later.
Hypothesis: the knowledge of making telescopes may be older than "the invention of the telescope", but it was a closely guarded secret and rarely - if ever - applied. One example: the Welsh mathematician Robert Recorde in his 1551 book on geometry describes how Roger Bacon in…
It’s October 19th and I’m already seeing people in the East Village wearing Halloween costumes. The corollary to the disappearance of childhood is the disappearance of adulthood.
This is not very carefully done, but just a quick pass at the price to rent ratio
That's right, it's not Europe or New England, it's Lancaster, Pennsylvania Specifically one of the very cool mid block streets
On first glance where do you think this is? I'll give a hint in the replies
Congratulations to @ernietedeschi and @The_Budget_Lab for producing so much of the data and insights by which we understand today's economy.
Some professional news: Today is my last day full-time at @The_Budget_Lab. It was an honor & a privilege to call the TBL team "coworkers" over the last 18 months. Intelligent, curious, & utterly collegial. What they've built & accomplished in so short a time is just stunning. 1/3
ChatGPT adoption outpaces the internet's first decade, per FT:
We're looking for a spring intern @InnovateEconomy. If you know a smart student/recent grad interested in housing, economic geography, labor markets, high-skilled immigration, or any of the other policy topics we cover, send them this listing: linkedin.com/jobs/view/4316…
linkedin.com
Economic Innovation Group hiring Paid Research and Policy Intern in Washington, DC | LinkedIn
Posted 7:00:22 PM. Paid Research and Policy Internship The Economic Innovation Group (EIG) is a bipartisan public…See this and similar jobs on LinkedIn.
IMO Lyman’s skepticism is likely wrong Mense 2025 uses weather as a source of variation in new housing supply (which almost entirely affects new SFHs). He shows new housing lowers rents for units of all bedroom sizes and quality types - even though it’s mostly pricey new SFHs
this is a religious statement, not an empirical one. there are in fact no studies showing that adding any number of studio apartments has any specific effect on SFH prices! it might be true, but Patrick does not actually know it to be true.
I correlate Zillow price data by number of bedrooms at the MSA level. There's a very strong correlation between prices across home sizes. Evidence against strong housing market segmentation by number of bedrooms. New 1 BR units ease tight 3+ BR markets for families.
this is a religious statement, not an empirical one. there are in fact no studies showing that adding any number of studio apartments has any specific effect on SFH prices! it might be true, but Patrick does not actually know it to be true.
The critics of high skilled immigration can't understand evidence so its no surprise they end up endorsing rules that would actually help outsourcers
This is not true. The new "merit-based" lottery proposal is so poorly designed that it will increase IT outsourcers' abuse of the program and barely move the needle on average compensation. In contrast, a wage ranking would nuke the IT outsourcers and dramatically raise wages.
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